News & Announcements

Meanwhile, the S&P BSE Sensex was up 119 points or 0.38% at 31,377.85. The BSE Small-Cap index was down 21.23 points, or 0.14%, to 15,446.64.

Bulk deal boosted volume on the scrip. On BSE, so far 14.96 lakh shares were traded in the counter as against average daily volume of 6,585 shares in the past one quarter. The stock hit a high of Rs 154.80 and a low of Rs 135 so far during the trading session. The stock had 52-week high of Rs 196 on 17 October 2016. The stock had hit 52-week low of Rs 125 on 10 August 2017.

The stock had underperformed the market over the past one month till 21 August 2017, falling 10.87% compared with 2.4% decline in the Sensex. The scrip had also underperformed the market in past one quarter, declining 12.98% as against Sensex's 2.61% rise. The scrip had also underperformed the market in past one year, sliding 14.6% as against Sensex's 11.33% rise.

Net profit of Hercules Hoists declined 40.96% to Rs 1.11 crore in the quarter ended June 2017 as against Rs 1.88 crore during the previous quarter ended June 2016. Sales declined 24.88% to Rs 15.28 crore in the quarter ended June 2017 as against Rs 20.34 crore during the previous quarter ended June 2016.

Net Loss of Hercules Hoists reported to Rs 0.83 crore in the quarter ended March 2017 as against net loss of Rs 0.74 crore during the previous quarter ended March 2016. Sales declined 25.92% to Rs 15.89 crore in the quarter ended March 2017 as against Rs 21.45 crore during the previous quarter ended March 2016.

For the full year,net profit declined 54.85% to Rs 6.00 crore in the year ended March 2017 as against Rs 13.29 crore during the previous year ended March 2016. Sales declined 18.41% to Rs 73.91 crore in the year ended March 2017 as against Rs 90.59 crore during the previous year ended March 2016.

KYC NotificationKYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary

Advisory against Tips:Investors are advised not to blindly follow the unfounded rumours, Tips given in social networks, SMS, WhatsApp, Blogs etc. and investonly after conducting appropriate analysis of respective companies.

IPO Investment:No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authoriseyour bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Client Registration Documents:Client Registration Documents are now available in Vernacular Language on NSE website.Know More